In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers.

Cheers mate,I've said it so many times before.Who is not happy from within, will never be happy with anything or anyone else.Many unhappy folks look for a victim, be it in their personal life or a business.Like a drug to an addict.They thrive on drama, disputes, problems, arguments, etc...Simplicity, common sense, higher moral thinking aren't an option.Procrastination, fear, complexity, disagreement, doubt, jealousy, greed, etc... is what drives most of their psyche.I've had thousands of investor calls over the years and can literally predict exactly what to expect based on demographic, culture, nationality, age, etc... and by listening to the questions.But sometimes, I read it wrong like in this instance. 

The plan for the loan may be unethical and illegal.Is the property expected to appreciate more than the national average? 

Although a 1031 exchange performed by a national QI is not going to be very expensive for you - around 750 - 1000 - https://www.biggerpockets.com/blog/how-much-does-a-1031-exchange-cost.As far as reporting the 1031 exchange that is something your accountant will do for you at your next tax filing. 

The leverage is reduced to 70% LTV for a first timer foreign national. 

The thing is people want to go here to have access to the national park.

Since the beginning of the year we have seen mergers and layoffs at:….City National Bank to cut 56 jobs in Los Angeles (2/14/24)Guild Mortgage acquires Academy Mortgage (2/13/24)Proprietary Capital acquires American Financial Resources, LLC (2/12/24)1st Priority Mortgage to acquire Hudson United Mortgage (2/6/24)Fairway Independent Mortgage Corp. to shutter wholesale lending division (2/2/24)Newrez layoffs (2/2/24)New American Funding (NAF) to acquire Draper and Kramer Mortgage Corp.

I'm working on projects in florida and ohio. entitled or unentitled is a big difference. we typically look for land in larger tracts in columbus ohio for under 50k per acre. that's mostly rural land that is then entitled through engineering and zoning variances, a huge money maker if you don't do it. entitled land depends on density. lowest I've seen is typically 6 dwelling units per acre and highest I've seen in suburban markets might be 26. i think there is a lot of missing things to answer your questions like how big of projects, but I can give you a very recent lot we featured for investors who build a stacked triplex with us around Orlando and other markets in florida. it was a 43k piece of land on about .3 acres. through planned development you can get a duplex approved it was in poinciana in Osceola county. that's on the small side and it's hard to find land and it wouldn't really increase in value there but that's about 5k or less in fees to get that done. so all in 50k for a 2-3 unit. so 25k a door would be a good price to look at. normally as you buy at scale it gets much cheaper because you are doing all the value and creating something from rural land or wetlands, etc. entitled land typically sells for 11k-13k per door I would say on average in suburban markets on a national average. that is extremely difficult to track but we work with groups in land entitlement all over the country who co -develop with us and we create benchmarks that's more of an internal conservative and we push high density and multifamily to maximize profits on the exit once the project is entitled. 

Source @Keep Current Matters.Goldman Sachs : Original Forecast 1.9% / Current Forecast 5.0%Mortgage Bankers Association: Original Forecast 1.1% / Current Forecast 4.1%Zillow: Original Forecast .2% / Current Forecast 3.5%Fannie Mae: Original Forecast 2.8% / Current: 3.2%Home Price Expectations Survey: Original Forecast 2.2% / Current: 2.4%National Association of Realtors: Original Forecast .7% / Current: 1.9%

First, I am close to the biggest subto investor buyers in the nation and out of 100's of mortgages, there are only a handful of mortgages that have gotten called due - mostly due to being super small local banks, so I try to avoid those.